WASHINGTON, DC - APRIL 14: Liz Centoni (EVP and Chief Customer Experience Officer - Cisco) and Justin Smith (Co-Founder & CEO - Semafor) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: Liz Claman (Anchor, The Claman Countdown) and Jack Clark (Cofounder and Head of Public Benefit - Anthropic PBC) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: Rich Lesser (Global Chair - BCG) speaks on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

Jason Wu, assistant director of monetary and capital markets at IMF, participates in a press briefing about the IMF's Global Financial Stability Report during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026. (Photo by Kent Nishimura / AFP via Getty Images)

Athanasios Vamvakidis, deputy director of monetary and capital markets at IMF, participates in a press briefing about the IMF's Global Financial Stability Report during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026. (Photo by Kent Nishimura / AFP via Getty Images)

Tobias Adrian (C), director of monetary and capital markets at IMF, speaks during a press briefing about the IMF's Global Financial Stability Report during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026. (Photo by Kent Nishimura / AFP via Getty Images)

Athanasios Vamvakidis, deputy director of monetary and capital markets at IMF, participates in a press briefing about the IMF's Global Financial Stability Report during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026. (Photo by Kent Nishimura / AFP via Getty Images)

Jason Wu, assistant director of monetary and capital markets at IMF, participates in a press briefing about the IMF's Global Financial Stability Report during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026. (Photo by Kent Nishimura / AFP via Getty Images)